Neptune Energy has started drilling the Hamlet exploration well located in the Norwegian sector of the North Sea.
After a sudden decline to 12 units, the number of offshore rigs in the U.S. came to a stop and remained unchanged last week.
Seplat Energy has inked an agreement to acquire the entire share capital of ExxonMobil’s Mobil Producing Nigeria Unlimited.
Eni has started production from Ndungu Early Production development project, in Block 15/06 of the Angolan deep offshore.
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for a wildcat well located offshore Norway.
Russia’s Lukoil has acquired a 50 per cent operator interest in the Area 4 project through the acquisition of the operator’s holding company.
TotalEnergies has made a significant oil discovery with associated gas on the Venus prospect, located offshore southern Namibia.
Italian oil and gas company Eni has started the first production at its operated field off Mexico, using the FPSO Miamte.
Oil prices soared on Thursday with Brent surging over the $100 barrel mark for the first time in eight years.
Energy industry leaders believe the energy transition is accelerating and that 2022 is set to be a strong year for growth, DNV has said.
Rystad Energy expects the gas output from Sub-Saharan Africa to double by 2030, driven by the development of offshore deepwater resources.
UK’s Fraser Well Management believes that its new contract demonstrates the growing confidence in the hydrocarbon potential of the North Sea.
Enauta has confirmed the approval for the Atlanta field’s Full Development System and signed a firm FPSO contract with Yinson.
BP has announced the start-up of an xpansion project in the Gulf of Mexico, the first of four major to be delivered globally in 2022.
